Health Catalyst, Inc. (HCAT)Healthcare | Health Information Services | South Jordan, United States | NasdaqGS
2.29 USD
After hours: 2.22 -0.07 (-0.070%) ⇩ (July 13, 2026, 6:26 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 3:18 a.m. EDT
The investment case for Health Catalyst is currently broken by a catastrophic multi-year decline. Despite a recent sales beat, the company has suffered four consecutive years of negative annual returns, erasing over 90% of its value since 2019. The market has correctly priced this as a deteriorating business with negative operating margins and shrinking revenue. While the stock trades at a low multiple relative to book value, this is a value trap; the balance sheet is strained with debt exceeding cash, and the return on equity is deeply negative. There is no dividend to provide income, and the options chain confirms that traders are betting against the stock, placing heavy hedges at levels just above the current price. The recent price bounce appears to be a technical relief rally off lows rather than a fundamental turnaround, leaving the long-term outlook severely compromised. |
| Model | MAE |
|---|---|
| MSTL_126 ✓ | 0.392028 |
| AutoTheta | 0.397554 |
| AutoARIMA | 0.428359 |
| AutoETS | 0.428431 |
| MSTL_90_126 | 0.430022 |
| MSTL | 0.433279 |
| MSTL_90 | 0.449306 |
Forecast horizon: 60 days | Selected: MSTL_126
| Forecast Reliability | |
|---|---|
| Score | 36% |
| H-stat | 6.59 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.093 |
| Excess Kurtosis | -1.08 |
| Attribute | Value |
|---|---|
| Sector | Healthcare |
| Debt to Equity Ratio | 123.478 |
| Revenue per Share | 4.266 |
| Market Cap | 169,217,296 |
| Forward P/E | 24.81 |
| Beta | 1.57 |
| Profit Margins | -87.70% |
| Website | https://www.healthcatalyst.com |
As of July 11, 2026, 3:18 a.m. EDT: Options activity reveals a distinct lack of bullish conviction. Call volume is negligible across all expirations, with open interest concentrated entirely at the money strikes where premiums are trivial. Conversely, put buyers have established significant positions at the $2.50 strike, particularly for the December expiration, creating a heavy barrier of downside protection. This asymmetry suggests speculators are positioning for continued stagnation or further decline rather than a recovery.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.40673578 |
| Address1 | 10,897 South River Front Parkway |
| Address2 | Suite 300 |
| All Time High | 59.5 |
| All Time Low | 0.955 |
| Ask | 2.91 |
| Ask Size | 2 |
| Audit Risk | 1 |
| Average Daily Volume10 Day | 1,982,460 |
| Average Daily Volume3 Month | 1,562,490 |
| Average Volume | 1,562,490 |
| Average Volume10Days | 1,982,460 |
| Beta | 1.567 |
| Bid | 1.68 |
| Bid Size | 2 |
| Board Risk | 7 |
| Book Value | 1.873 |
| City | South Jordan |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 8 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 2.29 |
| Current Ratio | 1.694 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 2.34 |
| Day Low | 2.24 |
| Debt To Equity | 123.478 |
| Display Name | Health Catalyst |
| Earnings Call Timestamp End | 1,778,533,200 |
| Earnings Call Timestamp Start | 1,778,533,200 |
| Earnings Timestamp | 1,778,529,600 |
| Earnings Timestamp End | 1,786,046,400 |
| Earnings Timestamp Start | 1,786,046,400 |
| Ebitda | 863,000 |
| Ebitda Margins | 0.00285 |
| Enterprise To Ebitda | 267.639 |
| Enterprise To Revenue | 0.764 |
| Enterprise Value | 230,972,304 |
| Eps Current Year | 0.04202 |
| Eps Forward | 0.0923 |
| Eps Trailing Twelve Months | -3.73 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 1.6401 |
| Fifty Day Average Change | 0.64989996 |
| Fifty Day Average Change Percent | 0.3962563 |
| Fifty Two Week Change Percent | -40.673576 |
| Fifty Two Week High | 4.115 |
| Fifty Two Week High Change | -1.8249998 |
| Fifty Two Week High Change Percent | -0.44349936 |
| Fifty Two Week Low | 0.955 |
| Fifty Two Week Low Change | 1.335 |
| Fifty Two Week Low Change Percent | 1.3979058 |
| Fifty Two Week Range | 0.955 - 4.115 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,564,061,400,000 |
| Float Shares | 58,726,533 |
| Forward Eps | 0.0923 |
| Forward P E | 24.810402 |
| Free Cashflow | 23,985,500 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 1,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.50442004 |
| Gross Profits | 152,576,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.05151 |
| Held Percent Institutions | 0.76645 |
| Implied Shares Outstanding | 73,894,020 |
| Industry | Health Information Services |
| Industry Disp | Health Information Services |
| Industry Key | health-information-services |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Health Catalyst, Inc. provides data and analytics technology and services to healthcare organizations in the United States. The company operates in two segments: Technology and Professional Services. It offers ignite data and analytics platform that provides clients a single comprehensive environment to integrate and organize data from their disparate software systems; and applications, a software analytics applications build for ignite platform to analyze clients face across clinical improvement, revenue and cost improvement, ambulatory operations, measures and registries, and data and analytics. The company also provides expertise solutions comprising data and analytics, domain expertise and education, tech-enabled managed, and implementation services; and opportunity analysis and prioritization, data governance, data modeling and analysis, quality and process improvement strategy, cost accounting, data abstraction, and population health strategies. It serves academic medical centers, integrated delivery networks, community hospitals, large physician practices, accountable care organizations, health information exchanges, health insurers, life science organizations, healthcare technology vendors, and other risk-bearing entities. The company was formerly known as HQC Holdings, Inc. and changed its name to Health Catalyst, Inc. in March 2017. Health Catalyst, Inc. was founded in 2008 and is headquartered in South Jordan, Utah. |
| Long Name | Health Catalyst, Inc. |
| Market | us_market |
| Market Cap | 169,217,296 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_118171469 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -265,258,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 168,847,835 |
| Number Of Analyst Opinions | 5 |
| Open | 2.3 |
| Operating Cashflow | 18,962,000 |
| Operating Margins | -0.095369995 |
| Overall Risk | 7 |
| Payout Ratio | 0.0 |
| Phone | 801 708 6800 |
| Post Market Change | -0.06999993 |
| Post Market Change Percent | -3.0567658 |
| Post Market Price | 2.22 |
| Post Market Time | 1,783,981,616 |
| Previous Close | 2.29 |
| Price Eps Current Year | 54.497856 |
| Price Hint | 4 |
| Price To Book | 1.2226374 |
| Price To Sales Trailing12 Months | 0.55943483 |
| Profit Margins | -0.87695 |
| Quick Ratio | 1.564 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.0 |
| Regular Market Change Percent | 0.0 |
| Regular Market Day High | 2.34 |
| Regular Market Day Low | 2.24 |
| Regular Market Day Range | 2.24 - 2.34 |
| Regular Market Open | 2.3 |
| Regular Market Previous Close | 2.29 |
| Regular Market Price | 2.29 |
| Regular Market Time | 1,783,972,801 |
| Regular Market Volume | 1,024,220 |
| Return On Assets | -0.03483 |
| Return On Equity | -1.03022 |
| Revenue Growth | -0.109 |
| Revenue Per Share | 4.266 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Healthcare |
| Sector Disp | Healthcare |
| Sector Key | healthcare |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 73,894,020 |
| Shares Percent Shares Out | 0.0622 |
| Shares Short | 4,597,012 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 6,585,307 |
| Short Name | Health Catalyst, Inc |
| Short Percent Of Float | 0.076799996 |
| Short Ratio | 1.43 |
| Source Interval | 15 |
| State | UT |
| Symbol | HCAT |
| Target High Price | 2.0 |
| Target Low Price | 1.75 |
| Target Mean Price | 1.9 |
| Target Median Price | 2.0 |
| Total Cash | 108,823,000 |
| Total Cash Per Share | 1.473 |
| Total Debt | 170,578,000 |
| Total Revenue | 302,479,008 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -3.73 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 2.05888 |
| Two Hundred Day Average Change | 0.23111987 |
| Two Hundred Day Average Change Percent | 0.11225514 |
| Type Disp | Equity |
| Volume | 1,024,220 |
| Website | https://www.healthcatalyst.com |
| Zip | 84,095 |